iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Shares Acquired by Portfolio Design Labs LLC

Portfolio Design Labs LLC raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 236,430 shares of the company’s stock after buying an additional 15,707 shares during the period. iShares Short Maturity Municipal Bond Active ETF makes up 2.4% of Portfolio Design Labs LLC’s portfolio, making the stock its 8th biggest position. Portfolio Design Labs LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $11,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Aptus Capital Advisors LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at about $33,000. Capital Investment Advisory Services LLC lifted its holdings in iShares Short Maturity Municipal Bond Active ETF by 41.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,990 shares of the company’s stock valued at $99,000 after acquiring an additional 580 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at about $201,000. Valley National Advisers Inc. grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 39.9% in the 4th quarter. Valley National Advisers Inc. now owns 5,147 shares of the company’s stock worth $257,000 after purchasing an additional 1,467 shares during the last quarter. Finally, Client 1ST Advisory Group LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 4th quarter worth approximately $271,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS:MEAR opened at $50.17 on Wednesday. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.62 and a 1-year high of $50.17. The company has a 50 day moving average price of $50.07 and a 200 day moving average price of $50.16.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1256 per share. The ex-dividend date was Monday, February 3rd.

About iShares Short Maturity Municipal Bond Active ETF

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.